Jump to ContentJump to Main Navigation
New Perspectives on International Migration and Development$
Users without a subscription are not able to see the full content.

Jeronimo Cortina and Enrique Ochoa-Reza

Print publication date: 2013

Print ISBN-13: 9780231156806

Published to Columbia Scholarship Online: November 2015

DOI: 10.7312/columbia/9780231156806.001.0001

Show Summary Details
Page of

PRINTED FROM COLUMBIA SCHOLARSHIP ONLINE (www.columbia.universitypressscholarship.com). (c) Copyright University of Minnesota Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CUPSO for personal use.date: 22 October 2021

Asian Migration to the United States

Asian Migration to the United States

Development Implications for Asia

Chapter:
(p.276) Chapter 10 Asian Migration to the United States
Source:
New Perspectives on International Migration and Development
Author(s):

Philip Martin

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231156806.003.0010

This chapter explores the developmental consequences of Asian migration to the United States by highlighting the three Rs of the migration-development nexus: recruitment, remittances, and returns. It argues that there is no automatic correlation between more migration and faster development and explains how migration can accelerate development in countries ready to grow or can perpetuate underdevelopment. It also considers how remittances can speed up development when the macroeconomic fundamentals are in place; that is, the implementation of a sound economic policy can give all residents, not only migrants, incentives to save and invest. Return migration, even when migrants bring home human and financial capital, cannot reverse per se the effects of deficient development policies. The best way for a migrant-sending country to maximize the developmental potentials of migration is to get the economic and institutional fundamentals right, which means having a growing economy, an appropriate exchange rate, a climate that fosters small investments, and respect for the rule of law and the rights of migrant workers.

Keywords:   development, Asia, migration, United States, recruitment, remittances, returns, economic policy, migrants, exchange rate

Columbia Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us .